Fed Is Unlikely to Reverse Plans
For Increasing Interest Rates

WASHINGTON -- Despite signs the economic expansion is slowing, the Federal Reserve is unlikely to pull back from its campaign of regularly raising interest rates in the months ahead.

Fed officials say their main concern is that today's extremely low level of interest rates carries a high risk of fueling inflation years down the road, and that outweighs concerns about damping the expansion by gradually raising rates to a so-called...